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Give your child a real head-start to their adult life
The Trustnet Direct Junior ISA is a great way to invest in your child’s future. Invest up to £4,080 per year tax-efficiently, building a nest egg for your children once they reach 18, to soften the blow of University living-costs, a first car or a deposit for their first home.
Your Junior ISA account is included as part of you single Investment Account and shares the same fee structure. There are no additional charges for your Junior ISA, but you will pay the platform fee based on the value of your overall holdings, including investments held in the Junior ISA at a rate of 0.25%, capped at £200 per annum. So, if you had £30,000 in your GIA, £40,000 in your SIPP, £20,000 in your ISA and £4,080 in your Junior ISA, you would be charged 0.25% per annum on the overall total of your account – in this case £89,000. This would be a £222.50 per annum platform fee, but it would be capped at just £200 per annum. Please note that any share or fund transaction charges are in addition to the platform fee and are £10 per transaction or £2 per month for regular investments.
Step 1 – sign into your account
Step 2 – Go to your Account Admin Section
Step 3 – Select "Add SIPP/ISA/JISA" as circled below
Step 4 – Select Junior ISA for the list of accounts to activate